U.S. Milk Production Update – May ’20
Executive Summary U.S. milk production figures provided by the USDA were recently updated with values spanning through Apr ’20. Highlights from the updated report include:
- U.S. milk production increased 1.4% on a YOY basis throughout Apr ’20, reaching a record high seasonal level. The YOY increase in milk production was the tenth experienced in a row.
- The Apr ’20 U.S. milk cow herd declined slightly from the previous month’s revised figure but remained at the second highest level experienced throughout the past 20 months. Milk cow herd figures have increased by a total of 66,000 head throughout the past nine months, rebounding from the three year low level experienced throughout Jul ’19.
- U.S. milk per cow yields increased on a YOY basis for the 54th consecutive month throughout Apr ’20, finishing 0.9% above the previous year. The YOY increase in milk per cow yields was the smallest experienced throughout the past eight months, however.